Binance Launches Futures Trading for MORPHO an CHILLGUY
MORPHO
Key Points
- Binance launches Perpetual Contracts for MORPHO and CHILLGUY at 14:30 and 14:45 (UTC) respectively.
- Morpho is a trustless platform with immutable contracts and CHILLGUY is a recently launched memecoin.
Binance Futures announced the upcoming listing of two new Perpetual Contracts today.
In an official announcement, Binance revealed the launch of MORPHOUSDT Perpetual Contract at 14: 30 (UTC) with up to 75x leverage.
The exchange will also launch the CHILLGUYUSDT Perpetual Contract at 14:45 (UTC) with up to 75x leverage.
Binance Futures continues to launch Perpetual Contracts at a fast pace to boost traders’ experience on the platform and offer them a broader palette of trading choices.
MORPHO and CHILLGUY coins saw volatility following the exchange’s listing announcement.
MORPHO Price Trajectory Today
Today, MORPHO recorded an ascendant price trajectory that debuted from $0.02 levels and reached a top above $1.36 earlier. Now, the coin is trading around $1.36, and it’s up by over 40% in the past 24 hours.
Binance’s announcement triggered a boost in the coin’s price from $1.2 levels to current levels, pushing the coin’s market cap to almost $148 million.
Morpho is a platform that allows anyone to earn yield and borrow assets. Lenders can earn on Morpho using the Morpho Vaults. The platform is trustless, with immutable contracts.
Developers and businesses can also create markets, curate vaults, and build apps on the platform.
CHILLGUY Price Trajectory Today
Earlier today, CHILLGUY debuted an upward price trajectory from $0.5 levels, reaching a peak above $0.66 which also represented the coin’s ATH. When the coin reached its ATH, its market cap was almost $664 million.
Following Binance’s announcement, CHILLGUY saw some volatility, dropping to current levels of $0.56 and a market cap of $564 million.
CHILLGUY is a popular memecoin that debuted earlier this month and saw a successful trajectory. Its inspiration is a meme on TikTok, representing a very relaxed dog.
Earlier this month, we addressed CHILLGUY’s trajectory, highlighting how some TikTok trends can eventually become memes. It’s also interesting to note that a crypto trader just made massive gains on CHILLGUY.
